Q2 2025 · 13F-HR
Elm Partners Management LLCholdings as filed
Filed 2025-08-05 · accession 0001172661-25-002872
$1.72B
Reported value
97
Positions
2025-06-30
Period end
The Brief · Elm Partners Management LLC · Q2 2025
AI · grounded in 13F
Elm Partners Management LLC established a new position in VTI valued at $256.5M. The fund also initiated new stakes in VWO for $186.2M and ELM for $161.8M. Additional new positions include VGK at $142.4M and SGOV at $126.9M. Total assets under management stand at $1.72B across 97 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908769 | VTI | VANGUARD INDEX FDS | $256.5M | 14.9% | 844,068 | Common | NONE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $186.2M | 10.8% | 3,764,989 | Common | NONE |
| 81752T429 | ELM | SERIES PORTFOLIOS TR | $161.8M | 9.39% | 6,247,791 | Common | NONE |
| 922042874 | VGK | VANGUARD INTL EQUITY INDEX F | $142.4M | 8.27% | 1,837,617 | Common | NONE |
| 46436E718 | SGOV | ISHARES TR | $126.9M | 7.37% | 1,260,139 | Common | NONE |
| 808524870 | SCHP | SCHWAB STRATEGIC TR | $119.7M | 6.95% | 4,487,523 | Common | NONE |
| 46434G103 | IEMG | ISHARES INC | $90.0M | 5.23% | 1,499,500 | Common | NONE |
| 922042866 | VPL | VANGUARD INTL EQUITY INDEX F | $85.5M | 4.96% | 1,040,600 | Common | NONE |
| 46434V738 | IEUR | ISHARES TR | $66.1M | 3.84% | 997,863 | Common | NONE |
| 464287150 | ITOT | ISHARES TR | $51.6M | 3.00% | 382,024 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $48.9M | 2.84% | 86,137 | Common | NONE |
| 46429B747 | STIP | ISHARES TR | $46.1M | 2.68% | 447,837 | Common | NONE |
| 46434V696 | IPAC | ISHARES TR | $32.8M | 1.90% | 476,862 | Common | NONE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $31.9M | 1.85% | 433,443 | Common | NONE |
| 78463X509 | SPEM | SPDR INDEX SHS FDS | $29.1M | 1.69% | 680,445 | Common | NONE |
| 46641Q191 | BBEU | J P MORGAN EXCHANGE TRADED F | $24.4M | 1.41% | 361,113 | Common | NONE |
| 92206C102 | VGSH | VANGUARD SCOTTSDALE FDS | $21.8M | 1.26% | 370,468 | Common | NONE |
| 46641Q225 | BBCA | J P MORGAN EXCHANGE TRADED F | $21.1M | 1.23% | 261,996 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $19.0M | 1.11% | 120,475 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $18.8M | 1.09% | 189,411 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $11.3M | 0.65% | 63,779 | Common | NONE |
| 922907746 | VTEB | VANGUARD MUN BD FDS | $9.8M | 0.57% | 199,552 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $8.8M | 0.51% | 14,189 | Common | NONE |
| 808524847 | SCHH | SCHWAB STRATEGIC TR | $7.3M | 0.42% | 345,732 | Common | NONE |
| 464288414 | MUB | ISHARES TR | $6.6M | 0.38% | 62,781 | Common | NONE |
| 922908751 | VB | VANGUARD INDEX FDS | $6.1M | 0.35% | 25,656 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $5.5M | 0.32% | 62,123 | Common | NONE |
| 464286509 | EWC | ISHARES INC | $5.4M | 0.31% | 117,172 | Common | NONE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $4.6M | 0.27% | 9,000 | Common | NONE |
| 464287663 | IUSV | ISHARES TR | $4.3M | 0.25% | 45,739 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $3.6M | 0.21% | 5 | Common | NONE |
| 808524805 | SCHF | SCHWAB STRATEGIC TR | $3.4M | 0.20% | 152,095 | Common | NONE |
| 92204A702 | VGT | VANGUARD WORLD FD | $2.9M | 0.17% | 4,435 | Common | NONE |
| 11271J107 | BN | BROOKFIELD CORP | $2.9M | 0.17% | 46,545 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $2.8M | 0.16% | 3,611 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $2.8M | 0.16% | 9,460 | Common | NONE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $2.6M | 0.15% | 10,176 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $2.5M | 0.14% | 1,841 | Common | NONE |
| 78464A854 | SPYM | SPDR SERIES TRUST | $2.5M | 0.14% | 33,731 | Common | NONE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $2.4M | 0.14% | 19,053 | Common | NONE |
| 92204A108 | VCR | VANGUARD WORLD FD | $2.3M | 0.13% | 6,410 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $2.2M | 0.13% | 20,093 | Common | NONE |
| 808524102 | SCHB | SCHWAB STRATEGIC TR | $2.1M | 0.12% | 89,525 | Common | NONE |
| 19247G107 | COHR | COHERENT CORP | $1.8M | 0.10% | 19,998 | Common | NONE |
| 92204A884 | VOX | VANGUARD WORLD FD | $1.7M | 0.10% | 9,831 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $1.5M | 0.09% | 7,354 | Common | NONE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $1.3M | 0.08% | 24,820 | Common | NONE |
| 35473P827 | FLCA | FRANKLIN TEMPLETON ETF TR | $1.3M | 0.07% | 30,758 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $1.3M | 0.07% | 2,062 | Common | NONE |
| 92204A603 | VIS | VANGUARD WORLD FD | $1.3M | 0.07% | 4,543 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $1.3M | 0.07% | 8,667 | Common | NONE |
| 92204A405 | VFH | VANGUARD WORLD FD | $1.2M | 0.07% | 9,231 | Common | NONE |
| 92204A504 | VHT | VANGUARD WORLD FD | $1.1M | 0.07% | 4,619 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $1.1M | 0.07% | 20,012 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $1.1M | 0.06% | 9,132 | Common | NONE |
| 464287408 | IVE | ISHARES TR | $1.1M | 0.06% | 5,378 | Common | NONE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $995,465 | 0.06% | 6,748 | Common | NONE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $991,434 | 0.06% | 33,722 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $950,872 | 0.06% | 6,701 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $884,017 | 0.05% | 893 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $854,744 | 0.05% | 10,239 | Common | NONE |
| 78468R663 | BIL | SPDR SERIES TRUST | $840,226 | 0.05% | 9,160 | Common | NONE |
| 808524607 | SCHA | SCHWAB STRATEGIC TR | $783,208 | 0.05% | 30,957 | Common | NONE |
| 25746U109 | D | DOMINION ENERGY INC | $738,660 | 0.04% | 13,069 | Common | NONE |
| 92840M102 | VST | VISTRA CORP | $724,101 | 0.04% | 3,736 | Common | NONE |
| 81369Y852 | XLC | SELECT SECTOR SPDR TR | $717,058 | 0.04% | 6,607 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $699,181 | 0.04% | 1,406 | Common | NONE |
| 127097103 | CTRA | COTERRA ENERGY INC | $698,965 | 0.04% | 27,540 | Common | NONE |
| 464287101 | OEF | ISHARES TR | $605,352 | 0.04% | 1,989 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $601,541 | 0.03% | 1,238 | Common | NONE |
| 922908611 | VBR | VANGUARD INDEX FDS | $591,729 | 0.03% | 3,034 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $584,719 | 0.03% | 4,338 | Common | NONE |
| 464287176 | TIP | ISHARES TR | $584,312 | 0.03% | 5,310 | Common | NONE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $468,330 | 0.03% | 5,784 | Common | NONE |
| 816851109 | SRE | SEMPRA | $458,257 | 0.03% | 6,048 | Common | NONE |
| 922908512 | VOE | VANGUARD INDEX FDS | $453,551 | 0.03% | 2,758 | Common | NONE |
| 570535104 | MKL | MARKEL GROUP INC | $403,467 | 0.02% | 202 | Common | NONE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $374,207 | 0.02% | 4,707 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $359,546 | 0.02% | 1,937 | Common | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $342,226 | 0.02% | 1,511 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $334,779 | 0.02% | 12,099 | Common | NONE |
| 81369Y407 | XLY | SELECT SECTOR SPDR TR | $327,299 | 0.02% | 1,506 | Common | NONE |
| 921909768 | VXUS | VANGUARD STAR FDS | $315,154 | 0.02% | 4,562 | Common | NONE |
| 92204A306 | VDE | VANGUARD WORLD FD | $283,267 | 0.02% | 2,378 | Common | NONE |
| 92204A801 | VAW | VANGUARD WORLD FD | $281,335 | 0.02% | 1,444 | Common | NONE |
| 464285204 | IAU | ISHARES GOLD TR | $269,021 | 0.02% | 4,314 | Common | NONE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $267,273 | 0.02% | 3,273 | Common | NONE |
| G54950103 | LIN | LINDE PLC | $258,521 | 0.02% | 551 | Common | NONE |
| 921946885 | VWOB | VANGUARD WHITEHALL FDS | $257,740 | 0.01% | 3,944 | Common | NONE |
| 464287473 | IWS | ISHARES TR | $251,480 | 0.01% | 1,903 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $235,935 | 0.01% | 2,128 | Common | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $230,729 | 0.01% | 326 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $229,738 | 0.01% | 311 | Common | NONE |
| G29183103 | ETN | EATON CORP PLC | $222,405 | 0.01% | 623 | Common | NONE |
| 032095101 | APH | AMPHENOL CORP NEW | $222,385 | 0.01% | 2,252 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $222,037 | 0.01% | 806 | Common | NONE |
| 464287598 | IWD | ISHARES TR | $219,480 | 0.01% | 1,130 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.